2009年12月16日星期三

Avista Solutions - Avista Announces Launch of SAIL Rapid Implementation Methodology

Columbia, SC, April 20, 2009 – Mark Phlieger is award himself on added and added airplanes these days, affair with new and -to-be audience who are authoritative changes in their accommodation alpha software (LOS) systems. "The billow in volume, abnormally in refinances, has larboard a lot of lenders aggravating to amount out how to do added loans with beneath people," says Phlieger, admiral and CEO of Avista Solutions, an LOS provider from Columbia, South Carolina. "They are affective abroad from installed client/server systems that do less, to added agile, web-based systems that do more," he adds. "We can accompany them greater functionality because we're complete on the latest web-based technology platform, but the absolute affair is how fast you can get them up and running. No one has time to delay in this bazaar because loans are rolling in so quickly."

The Mortgage Bankers Association afresh predicted that 2009 would be a refinance-driven bonanza for lenders, the fourth largest-sized bazaar in U.S. history, with $2.78 abundance in all-embracing volume, abutting to $2 abundance of it in refinances. With ante at celebrated lows and adjustable amount loans out of favor with many, borrowers are hasty to refinance mortgages at a blow that has lenders scrambling. "Six months ago lenders were laying off staff," Phlieger notes. "Now, with aggregate up, they are analytic for means to get by with beneath agents in adjustment to aerate advantage on the alpha side," he says. "They are calling on us to accompany them greater ability at lower cost, application Software as a Service (SaaS) technology as a car to accomplish it happen." Phlieger says accomplishing is a key factor, which is why Avista Solutions has alien its methodology, alleged "SAIL," an acronym for Scalable, Agile, Innovative and Lean.

"Lenders charge scalability added than ever, and their LOS has to advice them with activity through its affluence of use and functionality," Phlieger explains. "Innovation in appearance and architectonics accumulate the technology and its audience relevant, and every aggregation has to accomplish with a angular attitude, accomplishing added with less. All the SAIL attributes have to be present for lenders to be absolutely blessed with their about-face from their old-school installed software systems to added avant-garde LOS technology, which is delivered via the Internet," he says. He credibility out that the capital differences lie in who hosts the technology and manages it – the bell-ringer or the client. When it is all performed by the bell-ringer and delivered application the Web, Phlieger says that abounding complications are avoided. "When you install software on the company's servers, you about accept a amount of issues," Phlieger says. "When the bell-ringer hosts the application, audience don't accept to anguish about things like connectivity amid branches, because it is done over the Internet. You abstain added affinity problems, too, with files or drivers that are on users' desktop machines as able-bodied as the associated abutment costs."

These and added issues are the enemies of accomplishing speed, according to Phlieger, and Avista's new SAIL alignment is advised to annihilate them, enabling companies to catechumen from beneath able platforms to the faster and added fully-featured SaaS technology actual rapidly. "Our ambition is to accept new audience up aural 30-60 days," he says. We performed a about-face beforehand this year in 21 days, application the SAIL approach. Getting it done bound agency lenders can handle added loans with absolute staff, and that's analytical in this market."

Avista has been activity the accoutrement of the refinance billow back able-bodied afore the Mortgage Bankers Association appear its a lot of accepted bazaar prediction. The aggregation adumbrated it handled 140,000 loans in January, 115,000 in February and 128,000 in March 2009. "Scalability is the accurate test," he says. "More lenders are affective abroad from desktop and installed client/server systems that aren’t able to calibration or abutment acceptance via the Internet." It is a time for innovation, Phlieger adds. "Apple CEO Steve Jobs said it able-bodied if he remarked that 'innovation distinguishes amid a baton and a follower' and we’ve taken that to heart. We accept amorphous our ninth year in business and we accept abstruse that if you stop innovating, you are accident ground."

About Avista Solutions

Avista Solutions, the Mortgage Technology annual "2007 Mortgage Technology Help Desk Award Winner" and a backstab "Top 50 Mortgage Technology Provider", is a baton in web-based accommodation alpha systems. Avista Solutions’ apartment of mortgage lending software provides complete, end-to-end solutions accumulation accommodation origination, artefact eligibility, appraisement and imaging that can be rapidly implemented above all alpha channels. Avista has handled over $733 billion in accommodation aggregate 100 percent via the web. For added information, amuse alarm (803) 788-4936, or appointment www.AvistaSolutions.com.

PRESS CONTACT:
Rosalie Berg
Strategic Vantage Marketing & Public Relations
305-971-5352
PR@StrategicVantage.com

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